About Government Properties Income Trust (NASDAQ:GOV)

Government Properties Income Trust is a real estate investment trust (REIT). The Company operates through two segments: ownership of properties that are primarily leased to government tenants and its equity method investment in Select Income REIT (SIR). The Company's properties are located in areas, including Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey and New Mexico. As of December 31, 2016, the Company owned 73 properties (95 buildings). As of December 31, 2016, the Company's properties were located in 31 states and the District of Columbia, and contained approximately 11.4 million rentable square feet.

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Miscellaneous

What is Government Properties Income Trust's stock symbol?

Government Properties Income Trust trades on the NASDAQ under the ticker symbol "GOV."

How often does Government Properties Income Trust pay dividends? What is the dividend yield for Government Properties Income Trust?

Government Properties Income Trust announced a quarterly dividend on Monday, January 22nd. Stockholders of record on Monday, January 29th will be paid a dividend of $0.43 per share on Monday, February 26th. This represents a $1.72 annualized dividend and a dividend yield of 12.45%. The ex-dividend date is Friday, January 26th. View Government Properties Income Trust's Dividend History.

How were Government Properties Income Trust's earnings last quarter?

Government Properties Income Trust (NASDAQ:GOV) posted its earnings results on Monday, February, 26th. The real estate investment trust reported $0.50 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.05. The real estate investment trust earned $107.17 million during the quarter, compared to the consensus estimate of $107.56 million. Government Properties Income Trust had a return on equity of 1.22% and a net margin of 3.82%. The business's revenue for the quarter was up 62.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 EPS. View Government Properties Income Trust's Earnings History.

When will Government Properties Income Trust make its next earnings announcement?

Where is Government Properties Income Trust's stock going? Where will Government Properties Income Trust's stock price be in 2018?

6 brokers have issued 1 year price targets for Government Properties Income Trust's stock. Their predictions range from $14.00 to $23.00. On average, they anticipate Government Properties Income Trust's stock price to reach $18.33 in the next twelve months. View Analyst Ratings for Government Properties Income Trust.

What are Wall Street analysts saying about Government Properties Income Trust stock?

Here are some recent quotes from research analysts about Government Properties Income Trust stock:

1. According to Zacks Investment Research, "Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT). " (1/3/2018)

2. FBR & Co analysts commented, "Last week, GOV announced it would acquire First Potomac Realty Trust for approximately $1.4B, including $11.15 per FPO share and the repayment and/or assumption of FPO debt. To finance the deal, GOV also announced a 25M share equity offering. The FPO deal is expected to close by YE17 and be leverage neutral after accounting for the equity offering and the assumption/pay down of FPO debt. GOV expects the deal to be accretive post-2018. The transaction is estimated to be completed at a 7.0% cap rate, and GOV expects no impact on its current shareholder distributions (dividends), which are currently $0.43/quarter ($1.72 annualized), a 9.3% yield on Monday’s close ($18.46). In our view, the acquisition of FPO, with its Washington, D.C.-focused portfolio, is a good fit for GOV as many of the properties are leased to government agencies and/or contractors. However, the market punished GOV shares, which had traded as high as $22.89 on June 20, to a closing low of $18.31 on June 30." (7/5/2017)

Who are Government Properties Income Trust's key executives?

Government Properties Income Trust's management team includes the folowing people:

David M. Blackman, President, Chief Operating Officer (Age 55)

Mark L. Kleifges, Chief Financial Officer, Treasurer (Age 57)

Barbara D. Gilmore, Independent Trustee (Age 66)

John L. Harrington, Independent Trustee (Age 80)

Elena Poptodorova, Independent Trustee (Age 65)

Adam D. Portnoy, Managing Trustee (Age 47)

Barry M. Portnoy, Managing Trustee (Age 72)

Has Government Properties Income Trust been receiving favorable news coverage?

News stories about GOV stock have been trending somewhat positive on Monday, Accern reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Government Properties Income Trust earned a news impact score of 0.12 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 49.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

How do I buy shares of Government Properties Income Trust?

Shares of GOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Government Properties Income Trust's stock price today?

One share of GOV stock can currently be purchased for approximately $13.82.

How big of a company is Government Properties Income Trust?

Government Properties Income Trust has a market capitalization of $1.38 billion and generates $316.53 million in revenue each year. The real estate investment trust earns $12.09 million in net income (profit) each year or $0.19 on an earnings per share basis. Government Properties Income Trust employs 450 workers across the globe.

How can I contact Government Properties Income Trust?

Government Properties Income Trust's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The real estate investment trust can be reached via phone at 617-219-1440 or via email at [email protected]

MarketBeat Community Rating for Government Properties Income Trust (GOV)

MarketBeat's community ratings are surveys of what our community members think about Government Properties Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Today

30 Days Ago

90 Days Ago

180 Days Ago

Consensus Rating:

Hold

Hold

Hold

Hold

Consensus Rating Score:

1.83

2.00

2.00

1.50

Ratings Breakdown:

3 Sell Rating(s)1 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)

2 Sell Rating(s)1 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)

2 Sell Rating(s)1 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)

3 Sell Rating(s)0 Hold Rating(s)1 Buy Rating(s)0 Strong Buy Rating(s)

Consensus Price Target:

$18.33

$18.75

$18.75

$18.00

Price Target Upside:

32.66% upside

1.74% upside

1.74% upside

2.76% downside

Government Properties Income Trust (NASDAQ:GOV) Consensus Price Target History

Government Properties Income Trust (NASDAQ:GOV) Analyst Ratings History